please correct me if i am wrong...but a SH or group of SH holding at least 10% of the shares of the shares in a Company can request the board to convene an EGM by sending a signed notice to the Company at its Registered Office. The EGM is utilised to deal with urgent matters that come up between Annual General Meetings. Upon the submission of a valid request, the board of directors of the company must call for the EGM within 3 weeks . In case the board fails to do so, the SH can themselves call the EGM within 3 months of depositing the request. The only issue in all this is the time
- Forums
- ASX - By Stock
- What price gets your YES VOTE?
please correct me if i am wrong...but a SH or group of SH...
-
-
- There are more pages in this discussion • 97 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online